High-speed trains set to be shelved

Construction News News

The planned high-cost high-speed trains will most certainly be shelved by the National Council for Peace and Order, which is due to meet this week to discuss the sources to fund the new infrastructure development projects.

It is quite clear now the four high-speed train development projects, costing more than 700 billion baht, will be put on hold as questions remain concerning the projects’ appropriateness and benefits as well as economic viability, said a source who asked not to be named.

The Yingluck Shinawatra administration planned to build four high-speed train lines from Bangkok to provincial areas as part of the 2-trillion-baht borrowing bill which was ruled unconstitutional by the Constitutional Court in March.

Source: http://www.bangkokpost.com/most-recent/414239/high-speed-trains-set-to-be-shelved

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